GEB CONCEPT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GEB CONCEPT
Largest movements
- Receivables within one year +€18,963
up €18,963 (+21.4%), from €88,513 to €107,475
of which Trade receivables: +€16,902
- Tangible fixed assets -€5,556
no longer reported in 2025 (was €5,556)
of which Furniture and vehicles: -€5,315
- Cash +€4,256
up €4,256 (+50.1%), from €8,487 to €12,743
mainly Trade debts (+€10,402) and Depreciation (+€5,556)
- Trade debts +€10,402
up €10,402 (+82.0%), from €12,687 to €23,089
of which Suppliers: +€13,523
- Tax, wage and social debts +€5,356
up €5,356 (+46.0%), from €11,647 to €17,002
- Profit (loss) carried forward +€1,905
up €1,905 (+2.5%), from €74,922 to €76,826
- Turnover +€85,641
up €85,641 (+56.3%), from €152,190 to €237,831
- Gross operating margin -€38,496
down €38,496 (-76.4%), from €50,381 to €11,885
- Purchases and services +€17,377
up €17,377 (+8.2%), from €212,270 to €229,647
- Taxes -€9,503
down €9,503 (-84.1%), from €11,301 to €1,798
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,555 | €120,218 | +€17,662 | +17.2% |
| Fixed assets | 21/28 | €5,556 | - | -€5,556 | |
| Tangible fixed assets | 22/27 | €5,556 | - | -€5,556 | |
| Plant, machinery and equipment | 23 | €241 | - | -€241 | |
| Furniture and vehicles | 24 | €5,315 | - | -€5,315 | |
| Current assets | 29/58 | €96,999 | €120,218 | +€23,218 | +23.9% |
| Amounts receivable within one year | 40/41 | €88,513 | €107,475 | +€18,963 | +21.4% |
| Trade receivables | 40 | €49,558 | €66,460 | +€16,902 | +34.1% |
| Other amounts receivable | 41 | €38,955 | €41,015 | +€2,060 | +5.3% |
| Cash at bank and in hand | 54/58 | €8,487 | €12,743 | +€4,256 | +50.1% |
| Total equity and liabilities | 10/49 | €102,555 | €120,218 | +€17,662 | +17.2% |
| Equity | 10/15 | €78,222 | €80,126 | +€1,905 | +2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,922 | €76,826 | +€1,905 | +2.5% |
| Amounts payable | 17/49 | €24,334 | €40,091 | +€15,758 | +64.8% |
| Amounts payable within one year | 42/48 | €24,334 | €40,091 | +€15,758 | +64.8% |
| Trade debts | 44 | €12,687 | €23,089 | +€10,402 | +82.0% |
| Suppliers | 440/4 | €9,566 | €23,089 | +€13,523 | +141% |
| Bills of exchange payable | 441 | €3,121 | - | -€3,121 | |
| Taxes, remuneration and social security | 45 | €11,647 | €17,002 | +€5,356 | +46.0% |
| Taxes | 450/3 | €11,647 | €17,002 | +€5,356 | +46.0% |
| Turnover | 70 | €152,190 | €237,831 | +€85,641 | +56.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €212,270 | €229,647 | +€17,377 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,602 | €5,556 | -€47 | -0.8% |
| Other operating charges | 640/8 | €706 | €1,028 | +€322 | +45.6% |
| Gross operating margin | 9900 | €50,381 | €11,885 | -€38,496 | -76.4% |
| Operating profit (loss) | 9901 | €44,072 | €5,301 | -€38,771 | -88.0% |
| Financial charges | 65/66B | €1,099 | €1,598 | +€499 | +45.4% |
| Recurring financial charges | 65 | €1,099 | €1,598 | +€499 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €42,973 | €3,703 | -€39,270 | -91.4% |
| Income taxes | 67/77 | €11,301 | €1,798 | -€9,503 | -84.1% |
| Profit (loss) for the period | 9904 | €31,672 | €1,905 | -€29,767 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,672 | €1,905 | -€29,767 | -94.0% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.